How big is the chip home market? (1 Viewer)

Why does everybody keep going back to oh I wish Paulson would make home fantasy chips again? They aren't going to do it, period. It's been said many times the market size has very little to do with it. It's because of security for casinos.
 
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Changster said:
Why does everybody keep going back to oh I wish Paulson would make home fantasy chips again? They aren't going to do it, period. It's been said many times the market size has very little to do with it. It's because of security for casinos.
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How does printing the Le cove chips again threaten a casino in any way?
 
saleen121212 said:
How does printing the Le cove chips again threaten a casino in any way?
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It doesn't, but that's not the point.

The point is, Paulson does not and will not make chips again for the home market. End of story. No point debating it. Cuz it comes up every other day.
 
Changster said:
It doesn't, but that's not the point.

The point is, Paulson does not and will not make chips again for the home market. End of story. No point debating it. Cuz it comes up every other day.
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If you don't wanna argue points that come up every day, you're gonna have a bad time here SuperChief....

Hahaha.
 
Changster said:
It doesn't, but that's not the point.

The point is, Paulson does not and will not make chips again for the home market. End of story. No point debating it. Cuz it comes up every other day.
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It might happen again at some point. I actually believe that it will inevitably happen again at some point.

Companies change hands, CEOs change, business models change. To say it's never ever going to happen is a little short sighted I think.

I agree It's not really worth debating though.
 
colter ripton said:
It might happen again at some point. I actually believe that it will inevitably happen again at some point.

Companies change hands, CEOs change, business models change. To say it's never ever going to happen is a little short sighted I think.

I agree It's not really worth debating though.
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This forum is 90 percent of their target market. Maybe it is worth talking about/showing interest.
 
saleen121212 said:
This forum is 90 percent of their target market. Maybe it is worth talking about/showing interest.
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Then it’s way way too small I’d say. PCF is very small. I think the 200k Jack chips quenched a hella lot of the pent up demand that had built up over the last decade, like since Noirs. I would bet they’d struggle to sell 200k more chips to PCF.

Let’s assume 200k chips from Paulson is $350k USD in revenues. If you look at their financial statements I remember they make around 25 million USD in sales from casino currency.

Why even bother? Especially if 1) sales are tiny and 2) they’d probably still struggle to sell much.

If they came back to the home market it will not be because of PCF. It would be because of China’s untapped home market.
 
Changster said:
Then it’s way way too small I’d say. PCF is very small. I think the 200k Jack chips quenched a hella lot of the pent up demand that had built up over the last decade, like since Noirs. I would bet they’d struggle to sell 200k more chips to PCF.

Let’s assume 200k chips from Paulson is $350k USD in revenues. If you look at their financial statements I remember they make around 25 million USD in sales from casino currency.

Why even bother? Especially if 1) sales are tiny and 2) they’d probably still struggle to sell much.

If they came back to the home market it will not be because of PCF. It would be because of China’s untapped home market.
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They would sell way more than that. If Paulson released all their home line chips for sale I bet they would easily sell a million chips in the first year maybe double that.

Yes it would slow down significantly after the initial rush, but I bet they could maintain 300 to 500k chips a year.

In the past couple years there have been some really big releases of chips. Both the horseshoes, the Jack's, and a few other smaller casinos. These chips sold out as fast as they could list them. (Except the Cincinnatis which were priced a bit high) They were also all rhcs and priced for the most part higher than the cost of new chips from paulson.

Shit the star group buy was like 300k chips and there were only like 120 people involved.

Price of new paulson thcs is like 1.25 a chip. They would sell alot.

It would be great for us also because chip prices would drop significantly on everything across the board. (Possible exception being exceptionally rare and desirable casino chips)
 
Changster said:
If they came back to the home market it will not be because of PCF. It would be because of China’s untapped home market.
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In the words of Kent Brockman, “I for one welcome our new [Chinese] overlords” if it allows the home market to purchase Paulson chips (hopefully with a fantasy location other than Vegas) from Paulson.
 
BGinGA said:
In the interest of accuracy, closer to 305,000 clay chips spread across roughly 35 people over two purchases.

And not a group buy. :sneaky:
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I thought I might have been off on that Lol pretty close on the number, but I did think it was alot more people.
 
this is my opinion, if paulson were to sell to the home market, all the excitement here will be gone, and all the chips we have is going to be worthless, because we are all going to make our own custom set. I think what makes it fun is because its hard to obtain mint paulson chips. also, its fun when someone is able to pull of a custom order from gpi, thats why we all pay so much money for it. imagine if we are able to get custom set, you can pretty much take out the classified ad. why would I buy chips from anybody anymore, it doesn't matter how nice it looks, I 'll just order my own set.
 
dkq999 said:
this is my opinion, if paulson were to sell to the home market, all the excitement here will be gone, and all the chips we have is going to be worthless, because we are all going to make our own custom set. I think what makes it fun is because its hard to obtain mint paulson chips. also, its fun when someone is able to pull of a custom order from gpi, thats why we all pay so much money for it. imagine if we are able to get custom set, you can pretty much take out the classified ad. why would I buy chips from anybody anymore, it doesn't matter how nice it looks, I 'll just order my own set.
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We aren't talking about opening the full catalog to the masses. That would never happen unless casinos stopped using gpi (doubtful). In the past they had a few different pre made sets they sold which are still pretty available around this forum. Some of the chips even go for 5x what they cost from gpi back when they were a stock set.
 
Changster said:
Did Sunset Beach sell out yet? It’s only 26k chips.
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How is that at all relevant? Apples and oranges man.

First of all, they are out of most peoples price range. They are also being sold a little bit at a time in a long ass auction format.

If they were sold in an open for sale thread for around a buck a chip how fast do you think they would sell?

The demand is there. Just look at the star chips. They bought 305,000 chips between 35 people.

dkq999 said:
this is my opinion, if paulson were to sell to the home market, all the excitement here will be gone, and all the chips we have is going to be worthless, because we are all going to make our own custom set. I think what makes it fun is because its hard to obtain mint paulson chips. also, its fun when someone is able to pull of a custom order from gpi, thats why we all pay so much money for it. imagine if we are able to get custom set, you can pretty much take out the classified ad. why would I buy chips from anybody anymore, it doesn't matter how nice it looks, I 'll just order my own set.
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Chipping was around long before paulson stopped selling to the public, and it was awsome. Chips prices were way more affordable and sets sets were easier to come by. I dont think it would hurt the chipping community at all. Sure our chips would be "worth" less, but if that's why your chipping you arnt really in it for the chips anyway.
 
saleen121212 said:
Is sunset Beach less than 2 dollars a chip? If so it would have. Hard to compare lol. Back in the day weren't the fantasy chips 1 dollar each?
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Yes they were around a buck a chip at one time. I'm pretty sure they are still not far from that. I seem to remember that the star chips were around 1.25 a chip on average direct from paulson. I imagine 43mms are a bit more expensive.

And yeah I doubt they would open the whole catalog. That would take away way too many options from casinos and might actually be a security concern.

There are several hundred chips that sere sold as fantastic chips at one time or another. Imagine if they let you design your own inlays and choose between all of the different (previously sold as fantasy) chips. And they were priced around 1.25 a chip. They would sell a shit ton.
 
colter ripton said:
Yes they were around a buck a chip at one time. I'm pretty sure they are still not far from that. I seem to remember that the star chips were around 1.25 a chip on average direct from paulson. I imagine 43mms are a bit more expensive.

And yeah I doubt they would open the whole catalog. That would take away way too many options from casinos and might actually be a security concern.

There are several hundred chips that sere sold as fantastic chips at one time or another. Imagine if they let you design your own inlays and choose between all of the different (previously sold as fantasy) chips. And they were priced around 1.25 a chip. They would sell a shit ton.
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100 percent this. People would still go for the rare/other stuff just as much, it would just hopefully bring the market down a tad and allow new people to get into Paulsons easier.
 
I don't have much knowledge when it comes to the history of paulson and gpi. back in the days when paulson sold to the public, are we talking about where you can design your own chips like the BTP and Sunset's or they had a pre made sets. when did they stop selling to the public. appreciate all the information. thanks and hope you are all enjoying your Sunday.
 
I put my set on eBay for about $1.30 a chip...I had to start there. I have no way to gauge the interest by cost.

Mine are pretty much in new condition, though, so I’m hoping that helps.
 
okay, I see what you are saying now, gpi should make fantasy chips and sell to a distributor and in return sell to the home market, that would be awesome.
 
Changster said:
Why does everybody keep going back to oh I wish Paulson would make home fantasy chips again? They aren't going to do it, period. It's been said many times the market size has very little to do with it. It's because of security for casinos.
Click to expand...

It's probably because this theory hasn't really been well tested, and depending on who you talk to at GPI, we get different reasons for it (some reps say it's a security issue while others say the market just isn't big enough). Big commercial sellers who have bought from them in the past still hold out hope of being able to do so again one day. And given all the other "never gonna happen" buys that we've seen proven wrong, I think it's reasonable to hold out hope of turning this one on its head too some day. When I add in the fact that GPI was recently sold to Angel Holdings in Japan, I don't see it as far fetched of a dream as I once did.

I still think it's a long shot, but I also think it's reasonable for the 'betting line' on whether or not it happens to have shifted a fair amount over the last 2 years.
 
RainmanTrail said:
It's probably because this theory hasn't really been well tested, and depending on who you talk to at GPI, we get different reasons for it (some reps say it's a security issue while others say the market just isn't big enough). Big commercial sellers who have bought from them in the past still hold out hope of being able to do so again one day. And given all the other "never gonna happen" buys that we've seen proven wrong, I think it's reasonable to hold out hope of turning this one on its head too some day. When I add in the fact that GPI was recently sold to Angel Holdings in Japan, I don't see it as far fetched of a dream as I once did.

I still think it's a long shot, but I also think it's reasonable for the 'betting line' on whether or not it happens to have shifted a fair amount over the last 2 years.
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I’m not sure which theory you are referring, but the majority of the demand in the home market is for cheap Chips that Walmart and other big box stores will stock on their shelves.

GPI does provide the Elite chips for the home market, and even though they can be customized, this community quickly lost interest due to the limited spot options. the Paulson line of chips is now reserved for casino customers only, but back when we had several home lines to choose from for around $1 a chip and even semi custom hot stamps, they weren’t exactly flying off the shelves. The molds that they offered weren’t THC, and when they were readily available, everyone on CT/PCF wanted Casino paulsons. Everyone is clamoring for leaded thc with shaped inlays, but those aren’t even available for casino customers any more.

I’m not saying that it will never happen, but if a vendor like apache can some how miraculously bring back the CDI line, will people be excited and buy or just meh??
 

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